City Center / Chestnut Gap median real estate price is $139,105, which is less expensive than 75.7% of Kentucky neighborhoods and 87.8% of all U.S. neighborhoods.
The average rental price in City Center / Chestnut Gap is currently $508, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 99.8% of Kentucky neighborhoods.
City Center / Chestnut Gap is a remote neighborhood (based on population density) located in Booneville, Kentucky.
City Center / Chestnut Gap real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the City Center / Chestnut Gap neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Vacant apartments or homes are a major fact of life in City Center / Chestnut Gap. The current real estate vacancy rate here is 23.9%. This is higher than the rate of vacancies in 91.6% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Booneville, the City Center / Chestnut Gap neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The City Center / Chestnut Gap neighborhood stands out for having an average per capita income lower than 97.8% of the neighborhoods in the United States.
In addition, if you are planning to retire in Kentucky, this neighborhood should be on your must-see list. For many reasons, City Center / Chestnut Gap may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Kentucky, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 95.1% of neighborhoods in KY. If a Kentucky retirement is in your future, this neighborhood should be one of the places you visit.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the City Center / Chestnut Gap neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 61.6% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 96.6% of U.S. neighborhoods. Less time commuting means more time for other things in life.
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the City Center / Chestnut Gap neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 95.6% of all American neighborhoods.
Did you know that the City Center / Chestnut Gap neighborhood has more Scots-Irish and English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.4% of this neighborhood's residents have Scots-Irish ancestry and 21.4% have English ancestry.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the City Center / Chestnut Gap neighborhood in Booneville are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.8% of U.S. neighborhoods. With 22.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 72.6% of U.S. neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the City Center / Chestnut Gap neighborhood, 38.0% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 25.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.4%), and 15.9% in clerical, assistant, and tech support occupations.
The most common language spoken in the City Center / Chestnut Gap neighborhood is English, spoken by 100.0% of households.
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the City Center / Chestnut Gap neighborhood in Booneville, KY, residents most commonly identify their ethnicity or ancestry as English (21.4%). There are also a number of people of Scots-Irish ancestry (3.4%), and residents who report Irish roots (3.0%), and some of the residents are also of German ancestry (1.9%).
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in City Center / Chestnut Gap neighborhood spend under 15 minutes commuting one-way to work (61.6% of working residents), one of the shortest commutes across America. However, there is also a significant group of residents (12.7%) who commute over an hour in each direction.
Here most residents (83.7%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (6.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.